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#IKA IKA has enormous development potential on the Sui public chain.
IKA's technical solution precisely addresses the core pain points of cross-chain interoperability, and its vision of "programmable native assets" is highly attractive. Backed by the strategic support of the Sui Foundation and the powerful performance of the Sui public chain, IKA theoretically possesses all the elements to become the leader of the next generation interoperability protocol.
IKA is still in the early stages of its development. Its pre-market valuation of $1.2 billion reflects the market's high expectations for the narrative of "Sui ecosystem + MPC cross-chain" rather than its current fundamentals.